SSRN NYU: Finance Working Papers (Topic)

1.

Skin or Skim? Inside Investment and Hedge Fund Performance

NYU Working Paper No. 2451/38717

Number of pages: 63 Posted: 08 Jun 2017 Last Revised: 06 Nov 2018

Working Paper Series

Arpit Gupta and Kunal Sachdeva

NYU Stern School of Business and Rice University - Jesse H. Jones Graduate School of Business

There are 2 versions of this paper

Downloads 1,109

2.

Trading Costs and Informational Efficiency

NYU Working Paper No. 2451/38631

Number of pages: 61 Posted: 15 May 2017 Last Revised: 08 Sep 2017

Working Paper Series

Eduardo Davila and Cecilia Parlatore

New York University (NYU) and New York University (NYU) - Leonard N. Stern School of Business

Downloads 110

3.

Collateralizing Liquidity

NYU Working Paper No. 2451/38630

Number of pages: 59 Posted: 15 May 2017 Last Revised: 16 Sep 2017

Working Paper Series

Cecilia Parlatore

New York University (NYU) - Leonard N. Stern School of Business

Downloads 45

4.

Transparency and Bank Runs

NYU Working Paper No. 2451/38629

Number of pages: 55 Posted: 15 May 2017

Working Paper Series

Cecilia Parlatore

New York University (NYU) - Leonard N. Stern School of Business

There are 2 versions of this paper

Downloads 18

5.

Do Strict Capital Requirements Raise the Cost of Capital? Bank Regulation and the Low Risk Anomaly

NYU Working Paper No. 2451/38628

Number of pages: 59 Posted: 12 May 2017

Working Paper Series

Malcolm P. Baker and Jeffrey Wurgler

Harvard Business School and NYU Stern School of Business

Downloads 122

6.

Dividends as Reference Points: A Behavioral Signaling Approach

NYU Working Paper No. 2451/38627

Number of pages: 42 Posted: 12 May 2017

Working Paper Series

Malcolm P. Baker, Jeffrey Wurgler and Brock Mendel

Harvard Business School, NYU Stern School of Business and Harvard University

Downloads 44

7.

Investing in the Presence of Massive Flows: The Case of MSCI Country Reclassifications

NYU Working Paper No. 2451/38626

Number of pages: 24 Posted: 11 May 2017 Last Revised: 24 Jun 2017

Working Paper Series

Terence Burnham, Harry Gakidis and Jeffrey Wurgler

Chapman University - Department of Business and Economics, Acadian Asset Management and NYU Stern School of Business

There are 2 versions of this paper

Downloads 160

8.

Leverage and the Beta Anomaly

NYU Working Paper No. 2451/34914

Number of pages: 40 Posted: 31 Aug 2016 Last Revised: 14 Jan 2019

Working Paper Series

Malcolm P. Baker, Mathias Hoeyer and Jeffrey Wurgler

Harvard Business School, University of Oxford and NYU Stern School of Business

There are 3 versions of this paper

Downloads 44

9.

A Crisis of Banks as Liquidity Providers

Journal of Finance, Forthcoming, NYU Working Paper No. 2451/31364

Number of pages: 78 Posted: 10 Sep 2013 Last Revised: 15 Oct 2013

Accepted Paper Series

Viral V. Acharya and Nada Mora

New York University - Leonard N. Stern School of Business and Federal Reserve Banks - Federal Reserve Bank of Richmond

Downloads 314

10.

As Certain as Debt and Taxes: Estimating the Tax Sensitivity of Leverage from State Tax Changes

NYU Working Paper No. 2451/31613

Number of pages: 73 Posted: 10 Sep 2013 Last Revised: 14 Oct 2014

Accepted Paper Series

Florian Heider and Alexander Ljungqvist

European Central Bank (ECB) and New York University (NYU) - Department of Finance

There are 4 versions of this paper

Downloads 107

11.

Shaping Liquidity: On the Casual Effects of Voluntary Disclosure

NYU Working Paper No. 2451/31614

Number of pages: 48 Posted: 10 Sep 2013

Working Paper Series

Karthik Balakrishnan, Mary Brooke Billings, Bryan T. Kelly and Alexander Ljungqvist

London Business School, New York University, Yale SOM and New York University (NYU) - Department of Finance

Downloads 94

12.

Shaping Liquidity: On the Causal Effects of Voluntary Disclosure

NYU Working Paper No. 2451/31352

Number of pages: 47 Posted: 10 Sep 2013

Working Paper Series

Karthik Balakrishnan, Mary Brooke Billings, Bryan T. Kelly and Alexander Ljungqvist

London Business School, New York University, Yale SOM and New York University (NYU) - Department of Finance

There are 3 versions of this paper

Downloads 63

13.

Limits to Arbitrage and Hedging: Evidence from Commodity Markets

NYU Working Paper No. 2451/29543

Number of pages: 57 Posted: 10 Sep 2013

Working Paper Series

Viral V. Acharya, Lars A. Lochstoer and Tarun Ramadorai

New York University - Leonard N. Stern School of Business, University of California, Los Angeles (UCLA) - Anderson School of Management and Imperial College London

There are 6 versions of this paper

Downloads 53

14.

Hybrid Tail Risk and Expected Stock Returns: When Does the Tail Wag the Dog?

NYU Working Paper No. 2451/31271, Georgetown McDonough School of Business Research Paper

Number of pages: 54 Posted: 10 Sep 2013 Last Revised: 06 Aug 2014

Working Paper Series

Turan G. Bali, Nusret Cakici and Robert Whitelaw

Georgetown University - Robert Emmett McDonough School of Business, Fordham University and New York University

There are 7 versions of this paper

Downloads 51

15.

The Maturity of Debt Issues and Predictable Variation in Bond Returns

NYU Working Paper No. 2451/31361

Number of pages: 31 Posted: 10 Sep 2013

Working Paper Series

Malcolm P. Baker, Robin M. Greenwood and Jeffrey Wurgler

Harvard Business School, Harvard Business School - Finance Unit and NYU Stern School of Business

There are 5 versions of this paper

Downloads 34

16.

CDS Credit-Event Auctions

NYU Working Paper No. 2451/31363

Number of pages: 45 Posted: 10 Sep 2013

Working Paper Series

Sudip Gupta and Rangarajan K. Sundaram

Fordham University - Finance Area and New York University (NYU) - Department of Finance

There are 2 versions of this paper

Downloads 29

17.

Efficient Recapitalization

NYU Working Paper No. 2451/28301

Number of pages: 61 Posted: 10 Sep 2013

Working Paper Series

Thomas Philippon and Philipp Schnabl

New York University (NYU) - Department of Finance and New York University (NYU) - Department of Finance

There are 4 versions of this paper

Downloads 28

18.

Precautionary Hoarding of Liquidity and Inter-Bank Markets: Evidencefrom the Sub-Prime Crisis

NYU Working Paper No. 2451/31366

Number of pages: 61 Posted: 10 Sep 2013

Working Paper Series

Viral V. Acharya and Ouarda Merrouche

New York University - Leonard N. Stern School of Business and World Bank

Downloads 13

19.

The Joy of Giving or Assisted Living? Using Strategic Surveys to Separate Bequest and Precautionary Motives

NYU Working Paper No. 2451/31428

Number of pages: 58 Posted: 10 Sep 2013

Working Paper Series

Stijn Van Nieuwerburgh

Columbia University Graduate School of Business

Downloads 11

20.

Hedge Funds in M&Amp;A Deals: Is There Exploitation of Private Information?

NYU Working Paper No. 2451/31422

Posted: 10 Sep 2013

Working Paper Series

Nadia Massoud and Debarshi K. Nandy

Melbourne Business School, University of Melbourne and Brandeis University - International Business School

21.

Estimating Operational Risk for Hedge Funds: The Ω-Score

NYU Working Paper No. 2451/27845

Number of pages: 23 Posted: 10 Sep 2013

Working Paper Series

Stephen Brown, William N. Goetzmann, Bing Liang and Christopher Schwarz

New York University (NYU) - Leonard N. Stern School of Business, Yale School of Management - International Center for Finance, University of Massachusetts Amherst - Department of Finance and University of California at Irvine

Downloads 91

22.

Behavioral Corporate Finance: An Updated Survey

NYU Working Paper No. 2451/31355

Number of pages: 106 Posted: 26 Jun 2013

Working Paper Series

Malcolm P. Baker and Jeffrey Wurgler

Harvard Business School and NYU Stern School of Business

There are 4 versions of this paper

Downloads 165

23.

Covenant Violations, Loan Contracting, and Default Risk of Bank Borrowers

NYU Working Paper No. 2451/31417

Number of pages: 42 Posted: 26 Jun 2013

Working Paper Series

Anthony Saunders, Sascha Steffen, Felix Freudenberg and Bjorn Imbierowicz

New York University - Leonard N. Stern School of Business, Frankfurt School of Finance & Management, Goethe University Frankfurt - Department of Finance and affiliation not provided to SSRN

Downloads 153

24.

Does Price Fixing Benefit Corporate Managers?

NYU Working Paper No. 2451/31732

Number of pages: 56 Posted: 26 Jun 2013 Last Revised: 28 Oct 2017

Working Paper Series

Tanja Artiga González, Markus Schmid and David Yermack

VU University Amsterdam, University of St. Gallen - Swiss Institute of Banking and Finance and New York University (NYU) - Stern School of Business

Downloads 151

25.

Comparing the Investment Behavior of Public and Private Firms

NYU Working Paper No. 2451/31349

Number of pages: 51 Posted: 26 Jun 2013

Working Paper Series

John Asker, Joan Farre-Mensa and Alexander Ljungqvist

New York University - Leonard N. School of Business - Department of Economics, Northeastern University, D'Amore-McKim School of Business and New York University (NYU) - Department of Finance

There are 3 versions of this paper

Downloads 131

26.

Illiquidity or Credit Deterioration: A Study of Liquidity in the Us Corporate Bond Market During

NYU Working Paper No. 2451/31418

Number of pages: 40 Posted: 26 Jun 2013

Working Paper Series

Marti G. Subrahmanyam, Rainer Jankowitsch and Nils Friewald

New York University - Stern School of Business, WU (Vienna University of Economics and Business) and Norwegian School of Economics (NHH)

Downloads 125

27.

Monitoring Managers: Does it Matter?

NYU Working Paper No. 2451/31350

Number of pages: 61 Posted: 26 Jun 2013

Working Paper Series

Francesca Cornelli, Zbigniew W. Kominek and Alexander Ljungqvist

London Business School, European Bank for Reconstruction and Development (EBRD) and New York University (NYU) - Department of Finance

There are 5 versions of this paper

Downloads 96

28.

A Rational Theory of Mutual Funds' Attention Allocation

NYU Working Paper No. 2451/28347

Number of pages: 53 Posted: 26 Jun 2013 Last Revised: 29 Oct 2015

Working Paper Series

Marcin T. Kacperczyk, Stijn Van Nieuwerburgh and Laura Veldkamp

Imperial College London - Accounting, Finance, and Macroeconomics, Columbia University Graduate School of Business and New York University - Stern School of Business

Downloads 1,096

29.

A Behavioral Finance Explanation for the Success of Low Volatility Portfolios

NYU Working Paper No. 2451/29537

Number of pages: 22 Posted: 26 Jun 2013

Working Paper Series

Malcolm P. Baker, Jeffrey Wurgler and Brendan Bradley

Harvard Business School, NYU Stern School of Business and Acadian Asset Management Inc., USA

There are 3 versions of this paper

Downloads 318

30.

Asset Prices and Ambiguity

NYU Working Paper No. 2451/31330

Number of pages: 36 Posted: 26 Jun 2013

Working Paper Series

Menachem Brenner and Yehuda (Yud) Izhakian

New York University (NYU) - Department of Finance and City University of New York, Baruch College - Zicklin School of Business - Department of Economics and Finance

Downloads 135

31.

Is There Skill or Alpha in Currency Investing?

NYU Working Paper No. 2451/29936

Number of pages: 47 Posted: 26 Jun 2013

Working Paper Series

Richard M. Levich and Momtchil Pojarliev

New York University (NYU) - Department of Finance and Fischer Francis Trees & Watts, Inc.

There are 2 versions of this paper

Downloads 57

32.

Time-Varying Fund Manager Skill

NYU Working Paper No. 2451/31336

Number of pages: 47 Posted: 26 Jun 2013

Working Paper Series

Marcin T. Kacperczyk, Stijn Van Nieuwerburgh and Laura Veldkamp

Imperial College London - Accounting, Finance, and Macroeconomics, Columbia University Graduate School of Business and New York University - Stern School of Business

There are 4 versions of this paper

Downloads 52

33.

Stockholder and Bondholder Reactions to Revelations of Large CEO Inside Debt Holdings: An Empirical Analysis

NYU Working Paper No. 2451/28340

Number of pages: 32 Posted: 26 Jun 2013

Working Paper Series

David Yermack and Wei Chenyang

New York University (NYU) - Stern School of Business and affiliation not provided to SSRN

Downloads 41

34.

A Pyrrhic Victory? Bank Bailouts and Sovereign Credit Risk

NYU Working Paper No. 2451/31331

Number of pages: 59 Posted: 26 Jun 2013

Working Paper Series

Viral V. Acharya, Itamar Drechsler and Philipp Schnabl

New York University - Leonard N. Stern School of Business, New York University (NYU) - Department of Finance and New York University (NYU) - Department of Finance

There are 4 versions of this paper

Downloads 28

35.

Implicit Guarantees and Risk Taking: Evidence from Money Market Funds

NYU Working Paper No. 2451/31335

Number of pages: 58 Posted: 26 Jun 2013

Working Paper Series

Marcin T. Kacperczyk and Philipp Schnabl

Imperial College London - Accounting, Finance, and Macroeconomics and New York University (NYU) - Department of Finance

There are 2 versions of this paper

Downloads 27

36.

The Efficient Markets Hypothesis: The Demise of the Demon of Chance?

NYU Working Paper No. 2451/28348

Number of pages: 30 Posted: 26 Jun 2013

Working Paper Series

Stephen J, Brown

affiliation not provided to SSRN

Downloads 24

37.

Dissecting the Effect of Credit Supply on Trade

NYU Working Paper No. 2451/31297

Number of pages: 49 Posted: 26 Jun 2013

Working Paper Series

Philipp Schnabl, Daniel Paravisini, Veronica Rappoport and Daniel Wolfenzon

New York University (NYU) - Department of Finance, London School of Economics & Political Science (LSE), London School of Economics & Political Science (LSE) and Columbia Business School - Finance and Economics

Downloads 22

38.

Imperfect Competition in the Interbank Market for Liquidity as a Rationale for Central Banking

NYU Working Paper No. 2451/29539

Number of pages: 42 Posted: 26 Jun 2013

Working Paper Series

Viral V. Acharya, Denis Gromb and Tanju Yorulmazer

New York University - Leonard N. Stern School of Business, HEC Paris and University of Amsterdam - Faculty of Economics and Business (FEB)

There are 3 versions of this paper

Downloads 13

39.

Ambiguity and Overconfidence

NYU Working Paper No. 2451/31332

Posted: 26 Jun 2013

Working Paper Series

Menachem Brenner, Yehuda (Yud) Izhakian and Orly Sade

New York University (NYU) - Department of Finance, City University of New York, Baruch College - Zicklin School of Business - Department of Economics and Finance and Hebrew University of Jerusalem - Department of Finance

There are 2 versions of this paper

40.

Limits to Arbitrage and Hedging: Evidence from Commodity Markets

NYU Working Paper No. 2451/29543, Columbia Business School Research Paper No. 13-48

Posted: 26 Jun 2013

Working Paper Series

Viral V. Acharya, Lars A. Lochstoer and Tarun Ramadorai

New York University - Leonard N. Stern School of Business, University of California, Los Angeles (UCLA) - Anderson School of Management and Imperial College London

There are 6 versions of this paper

41.

Would Stricter Capital Requirements Raise the Cost of Capital? Bank Capital Regulation and the Low Risk Anomaly

NYU Working Paper No. 2451/31748

Number of pages: 52 Posted: 24 Apr 2013

Working Paper Series

Malcolm P. Baker and Jeffrey Wurgler

Harvard Business School and NYU Stern School of Business

There are 5 versions of this paper

Downloads 97

42.

Equilibrium Existence and Approximation for Incomplete Market Models with Substantial Heterogeneity

NYU Working Paper No. 2451/31656

Number of pages: 41 Posted: 24 Apr 2013

Working Paper Series

Thomas M. Mertens and Kenneth L. Judd

Federal Reserve Bank of San Francisco and Stanford University - The Hoover Institution on War, Revolution and Peace

There are 2 versions of this paper

Downloads 35

43.

Do Strict Capital Requirements Raise the Cost of Capital? Banking Regulation and the Low Risk Anomaly

NYU Working Paper No. FIN-13-003

Number of pages: 52 Posted: 17 Mar 2013 Last Revised: 22 Apr 2013

Working Paper Series

Malcolm P. Baker and Jeffrey Wurgler

Harvard Business School and NYU Stern School of Business

There are 5 versions of this paper

Downloads 244

44.

Does Price Fixing Benefit Corporate Managers?

NYU Working Paper No. FIN-13-002, University of St.Gallen, School of Finance Research Paper No. 2013/9

Number of pages: 56 Posted: 10 Mar 2013 Last Revised: 28 Oct 2017

Working Paper Series

Tanja Artiga González, Markus Schmid and David Yermack

VU University Amsterdam, University of St. Gallen - Swiss Institute of Banking and Finance and New York University (NYU) - Stern School of Business

Downloads 1,029

45.

Asset Pricing Frictions in Fragmented Markets

NYU Working Paper No. 2451/31688

Number of pages: 68 Posted: 25 Jan 2013

Working Paper Series

Emiliano Pagnotta

Imperial College Business School

There are 2 versions of this paper

Downloads 68

46.

Shaping Liquidity: On the Causal Effects of Voluntary Disclosure

Journal of Finance, Forthcoming, NYU Working Paper No. 2451/31352

Number of pages: 57 Posted: 21 Sep 2012 Last Revised: 25 Aug 2013

Accepted Paper Series

Karthik Balakrishnan, Mary Brooke Billings, Bryan T. Kelly and Alexander Ljungqvist

London Business School, New York University, Yale SOM and New York University (NYU) - Department of Finance

There are 3 versions of this paper

Downloads 150

47.

As Certain as Debt and Taxes: Estimating the Tax Sensitivity of Leverage from State Tax Changes

Journal of Financial Economics (JFE), 118, 684-712 (2015), NYU Working Paper No. FIN-12-009

Number of pages: 73 Posted: 21 Sep 2012 Last Revised: 24 May 2016

Accepted Paper Series

Florian Heider and Alexander Ljungqvist

European Central Bank (ECB) and New York University (NYU) - Department of Finance

There are 4 versions of this paper

Downloads 82

48.

Pricing Systematic Ambiguity in Capital Markets

NYU Working Paper No. 2451/31587

Number of pages: 28 Posted: 28 Jul 2012 Last Revised: 10 Sep 2013

Working Paper Series

Menachem Brenner and Yehuda (Yud) Izhakian

New York University (NYU) - Department of Finance and City University of New York, Baruch College - Zicklin School of Business - Department of Economics and Finance

Downloads 391

49.